The Financial Market is becoming more globalized and diversified. Traditional Stock Market can no longer fulfill a large proportion of investors needs. Thus, derivative products over various exchanges are growing vigorously these years. As many investors in Hong Kong are not familiar with the mechanism and risk of trading derivative products, they refuse to undergo trading derivative products. In fact, trading Foreign Futures Products is not that complicated. If you manage your risk control, trading Foreign Futures Products is even more flexible than investing in stock.

To provide better investment opportunities, Foreign Futures Department of Phillip Commodities (HK) Ltd. offers clients with 24-hour trading services and an advanced online trading platform.

Classification of foreign futures

Products provided by Phillip's foreign futures

INDEX
CURRENCY
METAL
RATE & INTERESTS
ENERGY
AGRICULTURAL

Main global exchange

United States

CME (Chicago Mercantile Exchange)
CBOT (Chicago Board of Trade)
NYMEX (New York Mercantile Exchange)
NYBOT (New York Board of Trade)
COMEX (Commodities Exchange)

Europe

EUREX (Europe's Global Financial Marketplace)
LIFFE (London International Financial Futures and Options Exchange)
EURONEXT (European Stock Exchange)
IPE (International Petroleum Exchange)

Asia & Australia

SIMEX (Singapore Exchange)
OSE (Osaka Securities Exchange)
TOCOM (Tokyo Commodity Exchange)
KSE (Korea Exchange)
SFE (Australian Securities Exchange)
TSE (Tokyo Stock Exchange)

Foreign Futures Contract Specification Print BLOCK trade negotiable

Exch.	Name	I.Margin	M.Margin	Commission (Online)		Commission		Trading Hours (HK Time)
Exch.	Name	I.Margin	M.Margin	Day Trade	Overnight Trade	Day Trade	Overnight Trade	Trading Hours (HK Time)
CME	AUSTRALIAN DOLLARS	USD 2090	USD 1900	USD *5/6	USD *5/8	USD 15	USD 15	E - Session : (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	BRITISH POUNDS	USD 2090	USD 1900	USD *5/6	USD *5/8	USD 15	USD 15	E - Session : (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	CANADIAN DOLLARS	USD 990	USD 900	USD *5/6	USD *5/8	USD 15	USD 15	E - Session : (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	MINI EURO	USD 1320	USD 1200	USD *4/5	USD *4/6	USD 13	USD 13	E - Session : (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	EURO	USD 2640	USD 2400	USD *5/6	USD *5/8	USD 15	USD 15	E - Session :(Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	E-MINI JAPAN YEN	USD 1430	USD 1300	USD *4/5	USD *4/6	USD 13	USD 13	E - Session : (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	JAPANESE YEN	USD 2860	USD 2600	USD *5/6	USD *5/8	USD 15	USD 15	E - Session : (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	E-micro AUD/USD Futures	USD 209	USD 190	USD 0.88	USD 1	USD 13	USD 13	E-Session: (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	E-micro GBP/USD Futures	USD 209	USD 190	USD 0.88	USD 1	USD 13	USD 13	E-Session: (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	E-micro EUR/USD Futures	USD 264	USD 240	USD 0.88	USD 1	USD 13	USD 13	E-Session: (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	NEW ZEALAND DOLLARS	USD 1430	USD 1300	USD *5/6	USD *5/8	USD 15	USD 15	E - Session : (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	SWISS FRANCS	USD 4950	USD 4500	USD *5/6	USD *5/8	USD 15	USD 15	E - Session: (Monday – Friday) 6:00 am – 5:00 am (Next day)
CME	E-micro USD/JPY Futures	USD 286	USD 260	USD *0.88/1	USD *0.88/1	USD 13	USD 13	E - Session : (Monday – Friday) 6:00 am – 5:00 am (Next day)
IFSG	Mini US Dollar Index Futures	USD 815	USD 741	USD 2	USD 3	USD 9	USD 10	E-Session : (Monday - Friday) 0800 - 0600
NYBOT	US Dollar Index Futures	USD 2187	USD 1988	USD *4/8	USD *4/8	USD 13	USD 13	E-Session : (Monday - Friday) 0800 – 0500, Settlement time: 0300

* The special commission rate are for new clients with double margin requirement. For more detail, please visit http://www.poems.com.hk/en-us/product-and-service/foreign-futures/promotion/double-margin-offer/

^ only for day trade

Note:

Part of the foreign futures/options products can only be placed by calling our dealing desk during open outcry session.
All margin requirements are subjected to change. Please call the dealing desk for the most updated margin requirement.
"CBOT 100oz. Gold, Mini-sized Gold, 5000oz. Silver, Mini-sized Silver" are now trading in NYSE LIFFE(NYL) Exchange.
The above trading hours are in summer time of the related market, client should be aware of the Note 5 about the date of winter-time & the trading hours will be postponed by 1 hour.
Please note the winter time of European Union and United States Markets will start on 1 November 2010 and 7 November 2010 respectively; and the market will open and close one hour later during the winter-time period. The daily statement sent by email will also be postponed by one hour to around 11am from 1 November 2010. But the time for platform (Poems/FATS) updates will be remain the same – i.e. to be around 8:30am. If there is any discrepancy between the information on the daily statement and the platform, the daily statement shall prevail. For further enquiry, please call foreign futures department at (852) 2277 6677.
Account without any trading within 6 months and opted to receive physical statements, half-year admin fee HK$60 will be charged in Jun. and Dec.
Please be aware that stop order may be cancelled by exchange due to the following reasons ever the stop price is triggered. One of the reason is that the market price beyond the price limit when the stop price is triggered. We will inform you once this situation happens as soon as possible.
Position transfer inbound and outbound subject to standard commission and extra charges,besides, not all position are transferrable, please call us at (852) 2277 6677 for details.
If client account contains insufficient trading currency or deficit in any currency due to trading loss, this negative balance will be charged with interest.The interest rate is SCB Hong Kong Dollar Prime Rate.

Classification of foreign futures

Main global exchange

Contact Us

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Investor Notes